Since this will be a vacation rental that your family wants to enjoy, I would focus on STR for high season & the seasons you want to stay and MTR the rest of the year. 

Some unlucky soul will get stuck with a twin bed, while the rest of us sleep like KINGS!!  

It was about 20 minutes long with the rest of the time, an hour, Jorge answering questions and comments.

And a 20 year amort with 5 year balloon on the land and rest.  

If I do that, I'd have to use up the rest of my HELOC and also come up with another 30-40k for the rehab in short term loan. 

It really comes down to building the right team (agent, contractors, property manager if you want one) and using tech to handle the rest.

I'd recommend looking into house hacking to start (duplexes, triplexes, fourplexes - move into one unit and rent out the rest).

The one that's completely detached from the rest is not for sale!

Hi all,First, yes, I am going to contact a CPA. I just want to see the general opinion of others to collect as much data as possible.This will be our first rental. We moved out of our primary of ~10 years with the int...

You also want to make sure you protect your downside in the case regulations do emerge down the line, by looking at the Mid Term and Long Term Rental rates on the property as well to make sure it is something you could live with in the case there was a change.With the amount of Airbnb listings continuing to grow rapidly, it is become increasingly more important to provide a quality service to make your property stand out among the rest.